TRADING UPDATES: Cloudbreak signs royalty agreement; TomCo drills
31st May 2022 20:01
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Says joint-venture subsidiary New Ballarat Gold Corp, which is focused in the Victorian Goldfields of Australia, have been awarded three further exploration licences. These are EL007330, EL007294 and EL007507, bringing NBGC's combined footprint in the Victoria Goldfields to 1,832 kilometres. Licence also covers Ajax mine which historically produced 312,789 ounces of gold at an average grade of 14.8 grams per tonne in the 1920s. NBGC is a joint-venture held between Power Metal - at 49.9% - and its partner, London-listed Red Rock Resources PLC. Read More
(Alliance News) - Power Metal Resources PLC on Friday said its subsidiary First Development Resources has "identified compositionally similar granites over both the Nolan's Bore deposit and the Selta project." Read More
Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Records "highly elevated" magnetic susceptibility readings at the DITDD004 hole, drilled into the i10 target at the Ditau Camp project in southwest Botswana. Registers the results between 293 meters and 321 meters, a combined 28 meters of core length. Says that DITDD004 appears to have intercepted the magnetic anomaly within the drillhole from 293 meters to 321 meters downhole depth. Read More
Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Will acquire additional 59% interest in Kalahari Key Mineral Exploration Pty Ltd, leading to Power Metal becoming operator of the Molopo Farms complex project in Botswana. Read More
Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Investee First Class Metals PLC receives exploration permit for the Pickle Lake area in Ontario, Canada. Confirms arn-in joint venture partner Palladium One will launch drill programme at Pickle Lane. Power Metal has just over 36% stake in First Class. Read More
Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Says it has agreed to acquire Pardoo Resources Pty Ltd through its subsidiary FDR UK. Read More
Kavango Resources PLC - mining company focused in Botswana - Expands exploration programme at its Ditau project in south west Botswana following the completion of hole DITDD003. Ditau is a 50-50 joint venture with Power Metal Resources PLC. Kavango and Power Metal say they are exploring for rare earth elements and base metal mineralisation. Exploration programme will include an additional 16.1 kilometres of audio-magnetotelluric surveys over the drill target area. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Says prospecting licence PL049/2022, covering the historical Cherished Hope gold mine as well as a large gold-in-soil anomaly coincident with a prominent northeast-southwest oriented regional structure, has been granted. "The grant of this additional prospecting licence is a significant achievement for the Tati Project, covering a number of major gold anomalies identified by our team during a in-depth desktop analysis completed following the receipt of our 2021 drilling programme assay results," says Chief Executive Paul Johnson. Company is undergoing an in-depth review of all historical results covering the newly granted licence. Read More
(Alliance News) - Mining company Kavango Resources PLC and metals exploration company Power Metal Resources PLC announced on Tuesday they started drilling at the i10 target at the Ditau Camp project in Botswana. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Provides an update on its Clearwater and Thibault Lake uranium properties in Saskatchewan, Canada. Says government data indicates the presence of multiple occurrences of strong vein-hosted uranium mineralisation on both properties. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Kavango Resources PLC - mining company focused in Botswana - Identifies 12 geophysical structures at the Ditau Camp project in Botswana, which the company believes could host carbonatites. Nine of these structure are particularly well defined, and Kavango is now starting a diamond drill campaign to test three of the targets, by drilling up to 2 holes in each targets. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Botswana-focused Kavango Resources PLC's three-month option to acquire just over an 85% stake in Kalahari Key Mineral Exploration Pty Ltd - which owns 100% of prospecting licences PL310/2016, PL311/2016 and PL202/2018 in Botswana, collectively known as the Molopo Farms project - has been extended further to allow further progress in the option work programme to March 18. Read More